Description

The complex with a leasable area of about 11,500 m² consists of 5 buildings with office spaces, a shopping mall and a hotel.

There is an underground parking for 70 cars, a covered parking for 360 cars, and an outdoor parking for 30 cars.

The plot area is about 8,000 m².

The property is fully let.

The annual income is 1,672,636 €.

The yield is 5.77%.

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 6.5%.

Brokerage fee is 6% + VAT 19% (total 7.14%).

The property is located in Wuppertal, in the federal state of North Rhine Westphalia. The population of Wuppertal is more than 350,000 people. There are shops, cafes and restaurants, a railway station and public transport stops a few minutes walk away.

Wuppertal is well connected to German motorways. The northern part of the city leads from Düsseldorf to A 46 motorway, which crosses A 1 between Cologne and Dortmund in the east of the city at the Wuppertal-Nord junction.

Düsseldorf International and Cologne/ Bonn Airports are a 30–40 minute drive away. Dortmund Airport is a 45-minute drive away. These airports have both national and international scheduled flights.

Wuppertal is also connected to the railway network via the Düsseldorf-Elberfeld railway line and the Elberfeld-Dortmund railway line. There is a direct connection to Düsseldorf via S-Bahn – just 20 minutes en route.